James Butcher

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James Butcher

James Butcher

@Journalologist

I help editors and publishers create impactful journals. Ex Lancet. Ex Nature Portfolio. Best years are ahead of me.

Liverpool Beigetreten Mayıs 2010
1.4K Folgt1.5K Follower
James Butcher
James Butcher@Journalologist·
@maw_tweets The first draft had “you could bury some bodies in there” instead.
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James Butcher
James Butcher@Journalologist·
Elsevier and Springer Nature have bucked the trend and are doing particularly well. Elsevier published 14% more research articles in H1 2024 compared with H1 2023. Springer Nature grew by 18%. The Empire Strikes Back. (3/n)
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James Butcher
James Butcher@Journalologist·
Research article output in fully OA journals fell by 16% in the first half of this year, compared with the first six months of 2023. By contrast, hybrid OA grew by 2.7%. Subscription content was broadly constant. But that's only part of the story. (1/n)
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James Butcher
James Butcher@Journalologist·
@Edit0r_At_Large We don't know what the debt is now. Some has been paid off each year. But, yes, the interest will be significant. e.g. 5% interest on €1bn is €50m a year. The point being that the debt is there because PE firms took cash out of the business. See: buyoutsinsider.com/springer-lever…
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James Butcher
James Butcher@Journalologist·
In 2022 the adjusted operating profit was €487 million on revenues of €1821 million (26.7% margin). In 2023 the adjusted operating profit was €511 million on revenues of €1853 million (27.6% margin). The margin increased.
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James Butcher
James Butcher@Journalologist·
So Springer Nature, which has a significant financial incentive to publish more papers, has a high rejection rate. We focus a lot on corporate profit margins. Perhaps we should focus just as much on the quality of the product we get as tax payers for funding academic research.
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James Butcher
James Butcher@Journalologist·
Some may think annual reports are dull, but I don't. Last week Springer Nature released its annual report, which provided details on their operations and profitability. You can read all about it here: ck.journalology.com/posts/journalo…
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James Butcher
James Butcher@Journalologist·
@Edit0r_At_Large Taxes and interest on the debt are part of EBIT (operating profit; earnings before interest or tax) The debt itself is a bit of a red herring. Private equity firms often take cash out of a business and replace it with debt. It's not clear what SN's current debt is.
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Dr Julia Shaw
Dr Julia Shaw@drjuliashaw·
Excited about the launch of my new BBC Radio 4 series "The Human Subject" with @AdamRutherford today! Listen to episode 1 now. I also wrote about some of the fascinating true crime x history x medical cases we cover here. bbc.co.uk/programmes/art…
Dr Julia Shaw tweet media
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James Butcher
James Butcher@Journalologist·
@drjuliashaw @AdamRutherford You might want to fact check first. I haven’t worked at TL in well over a decade. I can send you the email address of someone to speak to about this if you like. I doubt you’ll find “subject” used in any papers published by the top medical journals.
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